Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago, 07/28/2021
18 year old son buying a multi-unit with me as co-borrower
Trying to get creative with financing a 4 unit. $400,000 ish range.
My thought was to co-borrow a loan with my son, he lives in one unit to get the owner occupied status.
Would we qualify for the reduced 5% down payment vs the 25% required?